Didi Chuxing is based in Beijing and claims to be the world's leading mobile transportation platform. The company provides app-based transportation services, including taxi hailing, private car hailing, social ride-sharing ,and bike sharing.

Stephen Zhu, Senior Vice President of DiDi, said:

“DiDi is committed to helping our cities achieve new energy and smart transportation goals with partners from home and abroad.

The deal with Didi Chuxing follows a string of investments as Toyota aims to move beyond just vehicle manufacturing. Last year, Toyota invested $500 million in Uber and $1 billion in Southeast Asia’s Grab Inc.

Looking ahead, we will work with DiDi to develop services that are more attractive, safe, and secure for our customers in China."

Last year, DiDi and Toyota announced collaboration on e-Palettes which are “fully-automated, next-generation battery electric vehicles designed to be scalable and customisable for a range of Mobility-as-a-Service businesses.”

Toyota Mobility Services have also been used to improve the lives of DiDi’s ride-hailing drivers. TransLog, for example, provides drivers with quality automobile maintenance support and safe driving guidance.

DiDi and Toyota will establish a joint venture with GAC Toyota (which itself is a joint venture between Toyota and GAC Group, one of China’s largest automakers).

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